Olatech is a multi-national company involved in developing and distributing software solutions. The company offers software solutions such as NOC tools, Network monitoring, management & analytics, AAA solution for data centre, corporate enterprise, and telecom sectors. The company is registered with the government of India as an MSME under the start-up initiative. The company’s flagship brand is called Epiphany. The company’s headquarters are in Navi Mumbai. The company has been in operation since 2014 and issued its IPO in 2022.
On 27 December 2022, the market capitalisation of Olatech Solutions Limited was Rs 20.24 crore, and it reported consolidated sales of Rs 2.53 crore at the end of March 2022. In the quarter ended September 2022, the company reported a total income of Rs. 26.22 crore.
The company is listed on the Bombay Stock Exchange with the code 543578 and not listed on the National Stock Exchange. On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 64.48% and a public stake of 34.7%. At present, foreign institutional investors have no stake in Olatech. Mutual funds do not hold any stake in the company, while its shareholding pattern has remained largely the same over the last year.
The company’s board of directors consists of Amit Kumar Singh (chairman and managing director), Nitin Patidar, Navneet Kakkar, and Anurag Goel Ayushi. The auditors of the company are Udit Gopalji Agrawal & Co.
On 27 December 2022, Olatech Solution’s share prices were Rs 86.50 on the BSE. The company is not listed on the NSE. The share price touched a 52-week high of Rs 133.20 and a 52-week low of Rs 27.0. Its three-month return to investors was 4.85%, while its one-month return was -15.98%.
As of 27 December 2022, the company had a TTM EPS of Rs 1.50. On 27December 2022, the company had a Price/Earning ratio (TTM) of 42.82, a Price/Sales ratio (TTM) of 7.9, and a Price/Book (MRQ) of 5.67. The company had a PAT margin of 13.82%. Further, the ROCE of the company was 32.13%.
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